The correction I previously warned about has occurred.
After a strong rally, the asset's price has stabilized and is now fluctuating within a narrow range (sideways movement), which is a natural correction phase.
Most of the trading volume for #BTC is concentrated around $89,216, a key support level where buyers may step in to sustain the price.
In the short term, I expect the price to continue moving sideways, with potential bounces or reactions primarily around $89,216—a critical support level.
For those trading on the spot (or futures?) market, I suggest considering buying or averaging positions at $89,200, $85,304, and $81,216.
DYOR.
After a strong rally, the asset's price has stabilized and is now fluctuating within a narrow range (sideways movement), which is a natural correction phase.
Most of the trading volume for #BTC is concentrated around $89,216, a key support level where buyers may step in to sustain the price.
In the short term, I expect the price to continue moving sideways, with potential bounces or reactions primarily around $89,216—a critical support level.
For those trading on the spot (or futures?) market, I suggest considering buying or averaging positions at $89,200, $85,304, and $81,216.
DYOR.
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Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.